Seattle-based workers’ compensation insurer SeaBright Insurance Holdings...
... closed Q1 with net earnings of $4m, a decline of 63% that reflected the swing of underwriting results dip into the red, as claim losses jumped 27% to $38.6m and total expenses rose 29% to $62.1m. Earned premiums grew by 2.3% to $58m, while the combined ratio rose to 100.1% from 80.5%.
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